eMagin CorporationEMAN was a big mover last session, as the company saw its shares rise almost 19% on the day. The upside was driven after the company announced that management would demonstrate its highest brightness, direct patterned micro-displays made for the virtual reality and augmented reality market at CES. The news also led to far more shares changing hands than in a normal session, resulting in solid volume. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $1.95 to $2.15 in the past one-month time frame.
None of the estimates for this stock were revised in the last 30 days, while the Zacks Consensus Estimate also remained unchanged. Yesterday's action is encouraging though, so make sure to keep a close watch on this firm in the near future.
eMagin Corporation carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
EMAGIN CORP Price
A better-ranked stock in the same industry is Applied Optoelectronics, Inc. AAOI , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
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